Key takeaways CDs generally have fixed interest rates and offer higher yields compared with traditional savings accounts. Top-yielding 1-year CDs continue to outpace inflation, making them a good place to store your money. There are different types of CD strategies, such as laddering, a barbell or a bullet strategy, each…
Key takeaways Spot Bitcoin ETFs are exchange-traded funds that use investors’ money to invest directly in Bitcoin. They were first approved by the Securities and Exchange Commission (SEC) in January 2024. Cryptocurrencies remain risky and volatile investments, so investors should have a robust understanding before diving in. Traders looking for…
Cavan Images/Getty Images Key takeaways When you take out a short-term business loan, make sure to understand your loan terms, including interest rates and what happens if you fail to make payments Prioritize making your repayments on time and avoid taking on other debts to help manage your loan effectively…
Key takeaways To cancel a deceased person’s credit cards, gather as much information on each credit card account as possible, including any authorized users. Once you have information on each account, call each credit card issuer and follow its process of resolving the account balance for the card and…
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While there has been much conversation on not buying from companies with poor diversity, little has been said about investing…
Lifestyle inflation occurs when your expenses increase as you earn more income. It can start subtly—dining at pricier restaurants, upgrading…
Chime, the largest digital bank in America, grew its revenue to $1.7 billion in 2024, an increase of roughly 30%…
Technology has transformed some parts of the daunting homebuying process–making it easier to search and compare properties online, to prepare…
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Key Takeaways Check-cashing services offer quick access to funds for individuals who do not have traditional bank accounts, typically through storefronts or retail locations. These services typically charge high fees, either as a percentage of the check amount or a flat fee, which can make…
Dept Managmnt
Key takeaways You are responsible for debts of a deceased spouse if you were a joint borrower, live in a community property state…
Banking
Apple, FedEx and Oracle all got loans guaranteed by the Small Business Administration. But rules and red tape keep many banks from making…
Credit Cards
Key takeaways Adding authorized users to your business credit card account can make it easier for you to complete purchases and earn rewards…
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Google parent Alphabet (GOOG) reported strong first-quarter results, with both revenue and earnings coming in ahead of analyst estimates thanks to solid growth in its advertising business. The company also announced a 5 percent increase in its quarterly dividend to $0.21 per share, as well as a new $70 billion…
Investors who buy and sell individual stocks should have an investment philosophy to help guide their decision-making. One approach that’s used by some of the all-time best investors, including Warren Buffett, is to focus on a company’s intrinsic value, or what a stock is worth based on the underlying business’…
The technology sector moves quickly, so if you’re looking to invest here, it could make sense to buy a tech exchange-traded fund (ETF). A tech ETF is an easy way to build a tech portfolio, letting you play the sector if you think it’s going to run higher – and…
CHRISsadowski/Getty Images Key takeaways A land loan lets you borrow money to purchase an empty plot of land, although there are different types of “land” that fall under these products, ranging from raw land that has no access to utilities to improved land that is set up for someone to…
Key takeaways The primary cardholder will be responsible for the charges made on an account that has an authorized user. Whether or not being an authorized user affects your credit (and how it affects it) depends on whether the lender reports authorized user activity to credit bureaus and how responsible…
IP Galanternik D.U./Getty Images Key takeaways A 10/1 adjustable-rate mortgage has a fixed interest rate for the first 10 years, then it changes annually for the remainder of the 30-year term. The interest rate on a 10/1 ARM is composed of a margin rate and an index rate, which can…
Key takeaways While American Express credit cards offer generous rewards for all types of purchases, the card issuer also offers perks that are easy to overlook. Some Amex cards feature benefits like free shipping, travel insurance concierge services and even automatic elite status with hotel loyalty programs — but you’ll…
Key takeaways A mortgage note represents a home loan for a given borrower. The note is a security instrument that allows the loan to be grouped with other mortgages after closing and sold to investors. A mortgage note comes with a promissory note, which is the borrower’s promise to repay…
Key takeaways Some credit cards offer a 0 percent intro APR on both purchases and balance transfers, while other cards only offer the intro APR on one or the other. If you’re interested in a credit card with an intro APR offer, be sure to read the terms…
Key takeaways An umbrella policy broadens the scope of coverage offered by your home, auto or other insurance policy. Your umbrella policy is most often used as a secondary policy to your primary insurance policy. An umbrella policy kicks in when the limits of your primary insurance policies have been…
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